A Los Angeles-based developer is betting it can turn around a mixed-use shopping center on San Francisco's Fisherman's Wharf.
BH Properties is planning an extensive capital improvement program—they're calling it a "complete upgrade"—for 322K SF Anchorage Square at 500 Beach Street, a mixed-use center it has acquired for $65M.
According to a report in the San Francisco Business Times, the primary attraction at the shopping center, which fills a city block, is San Francisco's only In-N-Out Burger, which sits in the midst of more than a dozen empty storefronts.
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